Amy Brandt Named President of WMC Mortgage Corp.Business Editors WOODLAND HILLS, Calif.--(BUSINESS WIRE)--June 9, 2003 WMC WMC Winter Music Conference WMC Weill Medical College (Cornell University) WMC Wisconsin Manufacturers and Commerce (Madison, WI) WMC Westchester Medical Center WMC Western Mining Corporation Mortgage Corp., a wholesale, non-prime lender, announced that its Board of Directors has appointed Amy Brandt as President. Brandt has served as WMC's head of production since the company's transformation to a technology-based wholesale lending platform in March 2000. During her tenure, volume has grown tenfold tenfold Adjective 1. having ten times as many or as much 2. composed of ten parts Adverb by ten times as many or as much Adj. 1. to over $550 million per month. "Amy has done a superb job building the organization and capitalizing on the company's unique position as a technology-based, service-driven lender," commented Marc Becker Marc Becker is an associate professor at Truman State University in Latin American Studies. Becker is a co-founder of NativeWeb ([1] which compiles information about indigenous peoples around the world. , partner of Apollo Management Apollo Management L.P. is a private equity L.P. firm, founded in 1990 by Leon Black (Apollo Advisors). Based in New York, it also has offices in Los Angeles and London. It has invested over $16 billion in companies inside and outside the of the United States. , WMC's controlling shareholder. "Under her leadership, WMC will continue to be a driving force in the industry." "I look forward to the challenge of leading WMC through its continued evolution and am confident that we have the management team to propel the company forward," says Ms. Brandt. Brandt is a graduate of the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission and attended law school at Arizona State University Arizona State University, at Tempe; coeducational; opened 1886 as a normal school, became 1925 Tempe State Teachers College, renamed 1945 Arizona State College at Tempe. Its present name was adopted in 1958. . Prior to joining WMC, Brandt clerked for a federal judge and served as a Congressional aide in Washington, D.C. About WMC WMC Mortgage Corp. leveraged its mortgage and information technology expertise to create a robust, sophisticated automated underwriting engine and online loan submission system, which allowed it to become the premier, service-driven lender in the non-prime mortgage industry. WMC provides loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. services to mortgage brokers via its WMCDirect Web site, www.wmcdirect.com. The company's cost-to-produce is among the lowest in the industry. WMC's production team is represented by the highest producing sales people in the industry. WMC was one of the fastest growing subprime wholesalers in 2002, and the fastest growing technology-based lender. Headquartered in Woodland Hills, Calif., WMC Mortgage Corporation, incorporated in 1955, is a subsidiary of WMC Finance Co., a company owned principally by affiliates of Apollo Management, a private investment firm. Address: WMC Mortgage Corp. 6320 Canoga Avenue, Woodland Hills, CA 91367. Telephone: 800/542-6508. |
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